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RE: The secret of being rich overnight

in #leofinance5 years ago

If coronavirus and fedpolicy stay as they are (and imo will), then we get a stagflation. Inflation paired with a severe recession leads to stagflation. This is the worst. Like the great depression. The only question left open is the date. Because Sars-Cov2 will stay. And it will mutate. Therefore we get new waves from time to time and need to shutdown again ---> Recession.

The other thing I am deeply concerned is that the CBs are not going to give their power away so easily. Never will they. The announce their gov-cryptos, f.e. a free LIBRA and Fed-Digi-Dollar Wallet on every Whatsapp! Imagine that. And immidiately they got all in the boat and cryptos are in serious danger.

To reduce the risk of such a scenario, we all have to inform our families, neighbors, coworkers about the ongoing system and their plans. And we all should start to use it in our daily lives. But then again, we have one severe problem there. It's not stable! That's a big issue! I don't want to see my savings swing double digits weekly. I just don't. The majority of my cash is still in CHF for a reason.